12-hour settlement + 0.2% fee rate, this data is quite good for on-chain payments. Let's first see how the initial 10 merchants perform once they are up and running.

CryptoWorld News reports that gomining has announced the launch of the gobtc pay payment protocol SDK and API, allowing merchants to integrate their Bitcoin payment system for everyday consumption scenarios. gomining plans to initially recruit 10 merchants to participate in the pilot. The company states that gobtc pay transactions will be settled directly in Bitcoin, emphasizing non-custodial and on-chain finality. The system is based on gomining's stratum v2 mining protocol, with an average settlement time of approximately 12 hours, and merchant transaction fees of 0.2%, split evenly between wallet service providers and miners.